Crypto

August 26, 2024

Ethereum Foundation’s Latest ETH Transfer Sparks Speculation: What Does It Mean for ETH’s Future?

In a move reminiscent of past market maneuvers, the Ethereum Foundation recently transferred 35,000 ETH, valued at approximately $96 million, to a Kraken exchange deposit address. […]

Avalanche and ZKsync Discord Servers Hit by Exploits Following Polygon Breach

In a troubling trend for the blockchain community, the official Discord servers for layer-1 network Avalanche and layer-2 blockchain ZKsync have been compromised in less than […]
August 23, 2024

Ethereum’s Dencun Upgrade: Unintended Consequences for Layer-2 Transaction Failures

Ethereum’s Dencun upgrade, which went live in March, has had significant implications for the network’s performance, particularly affecting layer-2 (L2) solutions. While the upgrade aimed to […]

Appeals Court Upholds Dismissal of Hodl Law’s Lawsuit Against SEC Over Ether Classification

A U.S. appeals court has upheld a California federal judge’s decision to dismiss Hodl Law’s pre-emptive lawsuit against the Securities and Exchange Commission (SEC). The case […]

U.S. Prosecutors Score Wins Against Crypto Pig Butchering Scams

This week, U.S. prosecutors achieved notable successes in combating “crypto pig butchering” scams, recovering significant funds and securing a lengthy prison sentence for a former bank […]

SEC Pushes Back Against Richard Heart’s Bid to Dismiss $1 Billion Securities Suit

The United States Securities and Exchange Commission (SEC) is intensifying its legal battle with Richard Heart, the founder of Hex (HEX), in a high-profile case involving […]
August 22, 2024

NBA Star Jimmy Butler and Crypto Influencer BitBoy Settle Lawsuit for $340,000 Over Binance Allegations

In a recent development in the ongoing legal battle surrounding Binance, NBA star Jimmy Butler and crypto YouTuber Ben Armstrong, also known as “BitBoy,” have agreed […]
August 21, 2024

Terraform Labs Faces Critical Chapter 11 Hearing Amidst Financial Turmoil and Legal Battles

Terraform Labs, the crypto firm at the center of one of the biggest collapses in the cryptocurrency space, is scheduled for a crucial Chapter 11 bankruptcy […]

Crypto Whale Loses $55 Million in DeFi Phishing Attack: A Cautionary Tale

On August 20, a significant phishing attack led to a staggering loss of $55 million for a crypto holder in the decentralized finance (DeFi) ecosystem. The […]

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